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Transparence on sanctions

The Financial Supervision Commission expects the highest standards of conduct from those involved in the corporate governance of companies. Where a person through their conduct is considered potentially unfit to carry out such a role, the Commission may petition the High Court of Justice of the Isle of Man under Section 26 of the Companies Act 1992 seeking disqualification of that person from acting as:
- a director of a company; or
- a secretary of a company; or
- a liquidator of a company; or
- a receiver or manager of a company's property; or
in any way, whether directly or indirectly, being concerned or taking part in the promotion, formation or management of a company unless that person has the consent of the Court.

Details of disqualified directors are available on the website.

View the disqualified directors page

14:45 Posted in Isle of Man | Permalink | Comments (0)

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